The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. European Commission finalizes sustainability reporting rules The European Commission signed off on new climate and sustainability disclosure rules that will apply to around 50,000 companies starting in 2024. The European Sustainability […]
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Why Competitor Benchmarking is Crucial to Your Climate Progress
Most large and medium-sized organizations are feeling the pressure to improve the ways they manage and disclose climate risk — but most don’t know where to start or who should take responsibility. The key to climate success begins with looking outward. There is a wealth of insight and guidance contained within the climate disclosures of […]
IOSCO endorses ISSB standards, US insurers improve climate risk management, and more.
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. Securities regulators endorse ISSB standards Global markets regulators endorsed the International Sustainability Standards Board’s (ISSB) new disclosure requirements on Tuesday, urging jurisdictions to embrace the rules. The International Organization of Securities […]
What the ISSB Standards Mean for the TCFD and Climate Reporting
July 27, 2023 In June, the International Sustainability Standards Board (ISSB) published its inaugural disclosure rules, which are intended to become the global climate and sustainability reporting baseline. The standards fully incorporate the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the voluntary climate reporting framework released in 2017. The release of these […]
EP6: The Evolution of Data in Climate Risk Management
In order to become resilient to the financial risks of climate change, companies need to develop effective climate management. This requires clear, comparable, and robust climate data. But how does access to better data help companies enhance their climate management efforts? In this episode, Host Laura Zizzo talks about the evolution of climate data and […]
The Smart Way to Manage Cross-Jurisdictional Climate Reporting
With so many environmental, social, and governance (ESG) and climate risk reporting frameworks, many companies — particularly those with an international presence — are concerned about the complexities of managing multiple jurisdictional climate reporting requirements. But while the climate reporting space is undoubtedly fragmented, many organizations don’t know that most major reporting standards and frameworks […]
UK takes steps to endorse ISSB, IOSCO issues carbon markets report, and more.
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. UK FRC seeks public input on endorsing ISSB standards The UK Financial Reporting Council (FRC) launched a call for evidence on Wednesday to assess the potential endorsement of the International Sustainability […]
Harness the Power of Climate Disclosure and Investor Trends
Data is essential to businesses’ efforts to build climate resilience and fulfill their low-carbon ambitions. It’s also vital for understanding how climate threats could imperil the wider economy and financial system. In July 2023, the Financial Stability Board — a global panel of regulators — said consistent, high-quality, and comparable data is crucial for monitoring […]
IFRS to track climate disclosure progress, and more.
The top five climate risk and disclosure stories this week. Want access to deeper insights and curated climate news? Request a demo of our solution today. IFRS Foundation to track climate disclosure progress The Financial Stability Board (FSB), a global panel of central banks and supervisors, has asked the IFRS Foundation to take over monitoring the progress […]
Climate Risk Regulation Rundown: June 2023
What happened in climate-related financial regulation last month, and what’s coming up. Americas The US Commodity Futures Trading Commission (CFTC) announced it will hold a second voluntary carbon markets meeting on July 19. The meeting aims to discuss private sector efforts around high-quality carbon credits, current market trends, public sector initiatives, and perspectives on how […]